Self-employed individuals currently pay Class 2 NIC at a flat rate of £2.80 per week and Class 4 NIC at the rate of 9% on profits over £8,060 and 2% on profits over £43,000.
Class 2 NIC will be abolished from 6 April 2018, but the rates of Class 4 NIC are likely to be in-creased from the same date. Self-employed individuals are likely to pay greater NI contributions overall from 2018.
